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Dalal Street ready for Rs 14,000-cr IPOs, 7 companies to hit capital market this week
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Dalal Street ready for Rs 14,000-cr IPOs, 7 companies to hit capital market this week
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Skill development: Govt, pvt sector should work hand in hand to ensure successful ecosystem, says Dharmendra Pradhan
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Saying EU, U.S. are trade foes is 'fake news', says EU's Tusk in swipe at Trump
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Boeing concerned about tariff talk, but no business impact yet
Showing of 21 - 42 from results
Total results - 36251
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Jul 14, 2018
Fed emphasizes 'solid' U.S economic growth, repeats gradual approach
By Lindsay Dunsmuir and Howard Schneider WASHINGTON (Reuters) - The Federal Reserve on Friday pointed to "solid" U.S. economic growth during the first half of the year in its semi-annual report to Congress, where it also reiterated that it expected to continue to raise interest rates gradually. It is the Fed's second submission to lawmakers since Chairman Jerome Powell took the helm of the Fed in early February -
Jul 14, 2018
U.S. lifts ban on suppliers selling to China's ZTE
By Karen Freifeld (Reuters) - The U.S. Department of Commerce on Friday lifted a ban on U.S. companies selling goods to ZTE Corp, allowing China's second-largest telecommunications equipment maker to resume business. -
Jul 14, 2018
Wells Fargo profit misses estimates on hefty expenses, decline in loans
(Reuters) - Wells Fargo & Co posted a quarterly profit that fell short of analyst estimates on Friday as expenses increased due to former missteps and lending activity dropped, sending its shares down 4 percent in early trade. Wells Fargo has booked several billions of dollars in fines and penalties stemming from regulatory probes and to settle lawsuits due to sales and mortgage abuses. -
Jul 14, 2018
Gold slides to seven-month lows as dollar climbs
By Pratima Desai LONDON (Reuters) - Gold prices slid to seven-month lows on Friday as the dollar rose due to easing trade tensions and weak demand for the precious metal on expectations of higher U.S. interest rates. -
Jul 14, 2018
U.S. banks gain from Washington policy changes but trade worries loom
By Matt Scuffham and David Henry NEW YORK (Reuters) - Second-quarter earnings reports from three of the biggest U.S. banks on Friday showed the sector is benefiting from policy changes in Washington that have lowered their taxes, boosted interest rates and allowed them to buy back more stock. -
Jul 14, 2018
AT&T CEO confident Time Warner deal on solid ground
By Vibhuti Sharma and Sonam Rai (Reuters) - The U.S. Justice Department has only a remote chance of overturning AT&T Inc's takeover of Time Warner, Chief Executive Randall Stephenson said on Friday, while warning the case could affect bidding for Twenty-First Century Fox Inc. Shares of AT&T fell as much as 2.3 percent at $31.50 in afternoon trading, after U.S -
Jul 14, 2018
Trump vows 'great' trade deal with UK, abruptly changing tack on May's Brexit plan
By Jeff Mason WINDSOR CASTLE, England (Reuters) - President Donald Trump said on Friday the United States and Britain could secure a "great" post-Brexit trade deal, lavishing praise on Prime Minister Theresa May and contradicting his own withering assessment of her strategy publicised hours earlier. Fresh from sending NATO into crisis talks and ahead of a summit with Kremlin chief Vladimir Putin, Trump shocked Britain's political establishment when he criticised May's plans for ties with the European Union after Britain leaves in March. In a newspaper interview published just hours before holding talks with May, Trump said her Brexit strategy would "kill" any chance of a trade deal and said she had not listened to his advice on how to negotiate with the EU. -
Jul 14, 2018
Comcast to pay advisers as much as 243 million pound in fees for Sky takeover
By Ben Martin LONDON (Reuters) - Comcast expects to pay the banks, law firms and other advisers on its 25.9 billion pound ($34.23 billion) bid for Sky as much as 243 million pounds if it wins the battle for the British broadcaster, the U.S. -
Jul 14, 2018
Wells Fargo's loan book shrinks, profit misses estimates
By Imani Moise (Reuters) - Wells Fargo & Co said on Friday its loan book shrank and it raked in less fee revenue than a year ago, factors that contributed to lower-than-expected quarterly profit and sent its shares down nearly 2 percent. The bank said much of the lending decline had to do with moves to avoid riskier loans, but the second-quarter results ignited fears about lingering reputational damage from Wells Fargo's phony accounts scandal and other customer abuses. The total average loan balance for the bank shrank 1 percent in the quarter from a year earlier as its consumer loan book fell by 2 percent and commercial real estate lending slowed -
Jul 14, 2018
Lufthansa, Ryanair row over planes for Austrian carrier Laudamotion
FRANKFURT (Reuters) - Lufthansa plans to end an agreement to lease planes to Laudamotion, saying the Austrian holiday airline has failed to meet payments, leading to a dispute with its backer Ryanair. The row highlights a battle for market share in Germany and Austria after the collapse of Air Berlin and shows how keen airlines are to get planes against the backdrop of recent Airbus delivery delays due to engine issues. Laudamotion, formed out of the remains of Niki that was part of Air Berlin, flies a fleet of 9 Airbus A320s leased from Lufthansa and 10 Boeing 737 jets from new shareholder Ryanair -
Jul 14, 2018
Oil rises but set for second weekly fall as supply concerns ease
By Stephanie Kelly NEW YORK (Reuters) - Oil prices rose about 1 percent on Friday as strike actions in Norway and Iraq hit supplies, but futures were set for a second straight week of decline after Libyan ports reopened and on the view that Iran might still export some crude despite U.S. sanctions -
Jul 14, 2018
Industrials, energy push S&P to 5-month high; banks weigh
By Amy Caren Daniel (Reuters) - The benchmark S&P 500 edged back to five-month highs on Friday as gains in industrials and energy companies more than offset a drop in financials after a mixed bag of quarterly reports from three big Wall Street banks. Industrial stocks, among the worst hit during the trade disputes, gained in the absence of any trade rhetoric overnight. Treasury Secretary Steven Mnuchin said the United States and China could reopen trade talks if Beijing was willing to make significant changes -
Jul 13, 2018
US firmly on course to become world's top oil producer next year; noses ahead of Saudi Arabia for first time in 4 decades
The U.S. has nosed ahead of Saudi Arabia and is on pace to surpass Russia to become the world's biggest oil producer for the first time in more than four decades. The latest forecast from the U.S. Energy Information Administration predicts that U.S. output will grow next year to 11.8 million barrels a day. -
Jul 13, 2018
TCS vs Infosys: While Tata gem beat analysts' estimates on all parameters, latter's profit misses forecast; analysis in 6 charts
Both TCS and Infosys logged declines in operating profit margin for the June quarter. -
Jul 13, 2018
India's trade deficit widens to more than five-year high of $16.6 bn; imports soar by 21.31% to $44.3 bn
The trade deficit in June 2018 is the highest since November 2014 when the gap was $16.86 billion. The deficit in June 2017 stood at $12.96 billion -
Jul 13, 2018
RBI will go for another 0.25% rate hike in August MPC meeting; MSP hike to spur inflation: BNP Paribas
It said the price is higher than the RBI's medium-term target of 4 percent and the risks to inflation going forward are tilted on the "upside" -
Jul 13, 2018
Moody's downgrades Tata Motors rating due to weakening credit metrics at Jaguar Land Rover
Moody's Investor Services has downgraded Tata Motors rating to Ba2 with a stable outlook. Earlier, the agency had a Ba1 rating on the company -
Jul 13, 2018
Tata Motors, JLR face diverse dynamics in key markets; regulatory restrictions pose challenge: N Chandrasekaran
Tata Motors and Jaguar Land Rover (JLR), Chandrasekaran said, are together, preparing to leverage growth potential of the Indian economy -
Jul 13, 2018
Airbus BizLab's firms ink contracts with three Indian aviation startups, conclude third leg of acceleration programme
Three startups from Bengaluru – Eflight, Chennai – Stelae Technologies, and Navi Mumbai-based Airpix Devices were selected from a slew of startups. -
Jul 13, 2018
RIL's market cap breaches Rs 7 lakh-cr mark as stock hits 52-week high price of 1,107.25
Reliance Industries (RIL) on Thursday crossed the $100-billion market capitalisation mark for the first time in the last 10 years. -
Jul 13, 2018
CEA Arvind Subramanian bats for more private banks, fewer PSBs; says historians will assess demonetisation
Outgoing CEA Arvind Subramanian believes a healthy system is one that houses more private lenders
